02.08.2023 23:48:10 - dpa-AFX: C.H. Robinson Worldwide Inc. Reveals Decline In Q2 Profit, misses estimates

EDEN PRAIRIE (dpa-AFX) - C.H. Robinson Worldwide Inc. (CHRW) revealed
earnings for second quarter that decreased from last year and missed the Street estimates.

The company's earnings totaled $97.3 million, or $0.81 per share. This compares with $348.2 million, or $2.67 per share, in last year's second quarter.

Analysts on average had expected the company to earn $0.83 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 35.0% to $4.42 billion from $6.80
billion last year.

C.H. Robinson Worldwide Inc. earnings at a glance (GAAP) :

-Earnings (Q2): $97.3 Mln. vs. $348.2 Mln. last year.
-EPS (Q2): $0.81 vs. $2.67 last year.
-Analyst Estimates: $0.83
-Revenue (Q2): $4.42 Bln vs. $6.80 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
C.H. ROB. WORLDWIDE NEW A0HGF5 Frankfurt 75,000 10.05.24 09:24:31 +0,500 +0,67% 0,000 0,000 75,000 75,000

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